Professional
Added to YB: 2024-11-12
Pitch date: 2024-09-30
TTNDY [bullish]
Techtronic Industries Company Limited
-18.93%
current return
Author Info
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Company Info
Techtronic Industries Company Limited engages in designing, manufacturing, and marketing of power tools, outdoor power equipment, and floorcare and cleaning products in the North America, Europe, and internationally.
Market Cap
HKD 22.2B
Pitch Price
HKD 73.87
Price Target
N/A
Dividend
2.48%
EV/EBITDA
13.30
P/E
19.86
EV/Sales
1.56
Sector
Machinery
Category
growth
Artisan Global Discovery Fund Portfolio Holding: Techtronic Industries Company Limited
TTNDY: Global power tool leader (Milwaukee, Ryobi, Hart). Consumer brands weak due to macro/inventory issues, but stabilizing. Pro brand Milwaukee (60% rev, 75% profit) strong, poised for growth from infrastructure spending & innovation. Recent earnings show improvement.
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